Latest news with #NapiéMRE
Sydney Morning Herald
27-06-2025
- Business
- Sydney Morning Herald
Big Aurum drilling program aims to extend West African gold
Aurum Resources has launched a 30,000-metre diamond drilling campaign at its 0.87-million-ounce Napié project, centred about 110 kilometres southeast of the company's flagship Boundiali project in Côte d'Ivoire. The two-rig program aims to expand the current Napié resource, drill other thinly tested targets and deliver an updated mineral resource estimate for the project by the end of the year. Management says it plans to add two more rigs to the program, which it hopes to complete by the end of the year. Previous drilling intercepts at Napié offer plenty of encouragement for success, delivering long runs and high grades at shallow depths. These include 13 metres at 20.82 grams per tonne (g/t) gold from 32m, 32m assaying 7.10g/t gold from 13m, and 9m going 22.73g/t gold from 36m. Two other intercepts gave up 10m running 18.98g/t gold from 7m and 41m assaying 4.51g/t gold from 17m. 'We are working on a multi-pronged approach, drilling to grow the 0.87-million-ounce Napié MRE and drilling to define new gold resources from the portfolio of encouraging prospects that have never been followed up.' Aurum Resources managing director Dr Caigen Wang Company research reveals that only 4.4km or 13 per cent of the 30km-long Napié shear has been systematically drilled to define gold resources. Remarkably, 93 per cent of the current 0.87-million-ounce Napié gold resource lurks within 150m from surface. This leaves Aurum with vast potential to explore along the more than 25km of largely untested remaining strike, coupled with further possible treasures at depths below the limits of previous drilling. The existing mineral resource consists of the combined 545,000-ounce Tchaga resource in the central area of the prospective ground within the company's 30km-long tenement and the 323,000-ounce Gogbala resource, about 6.5km south of Tchaga.
The Age
27-06-2025
- Business
- The Age
Big Aurum drilling program aims to extend West African gold
Aurum Resources has launched a 30,000-metre diamond drilling campaign at its 0.87-million-ounce Napié project, centred about 110 kilometres southeast of the company's flagship Boundiali project in Côte d'Ivoire. The two-rig program aims to expand the current Napié resource, drill other thinly tested targets and deliver an updated mineral resource estimate for the project by the end of the year. Management says it plans to add two more rigs to the program, which it hopes to complete by the end of the year. Previous drilling intercepts at Napié offer plenty of encouragement for success, delivering long runs and high grades at shallow depths. These include 13 metres at 20.82 grams per tonne (g/t) gold from 32m, 32m assaying 7.10g/t gold from 13m, and 9m going 22.73g/t gold from 36m. Two other intercepts gave up 10m running 18.98g/t gold from 7m and 41m assaying 4.51g/t gold from 17m. 'We are working on a multi-pronged approach, drilling to grow the 0.87-million-ounce Napié MRE and drilling to define new gold resources from the portfolio of encouraging prospects that have never been followed up.' Aurum Resources managing director Dr Caigen Wang Company research reveals that only 4.4km or 13 per cent of the 30km-long Napié shear has been systematically drilled to define gold resources. Remarkably, 93 per cent of the current 0.87-million-ounce Napié gold resource lurks within 150m from surface. This leaves Aurum with vast potential to explore along the more than 25km of largely untested remaining strike, coupled with further possible treasures at depths below the limits of previous drilling. The existing mineral resource consists of the combined 545,000-ounce Tchaga resource in the central area of the prospective ground within the company's 30km-long tenement and the 323,000-ounce Gogbala resource, about 6.5km south of Tchaga.
